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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 2/9/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Petroleum Geo-Services buys back $130.1 million convertibles at 100.79

By Tali David

Minneapolis, Feb. 9 - Petroleum Geo-Services ASA repurchased $130.1 million of its convertibles (ISIN: 0010402761), the company announced in a press release.

The bonds were redeemed at 100.79 on Feb. 8.

Following the transaction, Petroleum owns $353.4 million of convertibles, representing 88.4% of the total outstanding issue.

Petroleum Geo-Services is a Lysaker, Norway-based provider of geophysical services to the energy industry


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